HomeMy WebLinkAbout0041 ~n~ sha~~ pe?~orm, comp~y u~ilh aRd a6tde by ~h and e~~ery tl~s agreements, sfipulations, rnnditiont and
corenanis thereoj. and o~ fhi~ mortgnee, then tl~is niwfgage and Iho e~tate here6y c?eated, ahall cease, de-
lermine and 6e null and iroid.
Iillll ftiP morlya~o~ her.•6y jtwfher covenants and agreet fo pay prompl~y u~hen due Ihe p?incipa~ and
infernst and altier sumt of money providc~ Jo~ in taid nofe ond Ih1i mo~tgage, o~ either; to par a~~ and
s~n~u~ar ~{~e fn.res. assessmenfs, ~evtes. ~ta6i~ities, ob~tgaltons, artd encumbrances o( euery nafure on said pro-
pe?ty; to ~permll, commlt or suf~er no wa~fe, irnpairment or dele~tornfion o~ :atd bnd or the improvemenfs
Ih~reon at any lime; to lrepp 11~e 6uildings now or he~wu~ter on .~~d land Jully insurPd in a sum o( not leas
~~an
in a company or co~npanies accepta6l~ to the mortgages, t1~e polic~r o~ poltciea to be held by, antl paya6le
fo, sai~ morfgagee, ancr in ttie euont any sum o~ money tiecomei Paya6le 6y vtrtue o~ such inswance ftie
moHgngpe shnll have (he righf fo recelve and npply Il~e same to Ihe inde6tednesa I~ereby secured, accounling
to thn mo?tgngor ~or anv aurplw: to poy all rnsb, charges, and expenses, including lawyer's (ees and title
searci~rs. rPasona6ly inrnrrec~ or.paid by t~e mortgagee beca~ue o~ ttie fai~ure oJ the morfgngor to prompt~y ~
- nnc~ ~u~~y comp~y wifk ftie apreements, stipu~afiont, eondifions and covennnts oJ said note and thts mortgage.
or eill~er; to pe?form, ~omply with and a6ide by eacl~ and every tl~e ngreemenfa, sfipulntio~s, condilions and
covennnls set (ortti in said note and l~is morfguge .or etttier. In Itie event fhe mortgagor fai~s to pay w~en
due any tax, assessment, insurnnc~ premium or ofl~e~ sum o( money paya6le by virtue-oj said note and this
niorfgage, or eiftier. fhe morfgngee may puy t~e same, wifhouf walutng or aj~ecfing Ihe oplfon to ~orec~ose
or any other ri~l~t I~erpunder, and all such pay~nents shall 6ear interest /rom date lhereoJ at the highest lau~-
~ul rafe fhen allowed by the laws oJ the Statp o/ Florida..
ll any sum o~ money ~erein re(PK~ IO 6p not prompt~y pnic~ u~ithin c~ays nexl a~fer
- the same 6~•omps due, or if eac{~ and every the ag?eements, sfipulnlions. con<litions and conenanfs of said ~
~ nole and fl~is mo?tgage, or eit{~er, are not /ul[y perjormed, complied with •nnd a6~d~1 6y, f6en 1l~e entire
sum menlioned in said note, and eh~~ moHgnge, or the entine 6alancQ unpaid 1F~e?ron, shnll forlhwith or
11~erenJfer, at t6e optlon o) t1~e rrto?tgagee, becorrte ancl be due and payn6le, anyll~ing in suid nole or I~erein
fo Itie conlrary nofwit~stan~ing. Fai~ure tiy !ke morfgagee to exe?rise any o( fhe rig~ts or opfioru herein
provi~~ed sha~~ not constifufe a u~uiuer o~ any ?ig~fs or options unc~er snid nofe or f~is mortgagp accn~e~ or
1h~r~a)t~r ac~?uinp.
~n ~itness ~hereof~ Itie said morfgagor tins tiereunfo signec~ anc~ snn~e~ Itiese presenfs ftie
c~ay ane~ year ~irsf a~ove u~riflen.
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Sign ~ e d red e~i~~e d in~presence o(:
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; ~ . Ftus..ell J. Horsle
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Nanc Sue Horsley
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STATE OF FLORIDA. ~
Couvrv oF MA R TIN ~
I NEREBY CERTIFY that on thit day~ be(ore me, an ~
~ o((icer duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledqm~nts, personally appearcd ~
kUSSELL J. HOItSLEY and NANCY SU E HOI<SLEY, his wife ~
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to me known to be~ the prrson S described in and who exe~uted the [or~qoing instrument and they acknowltdKed q
be(orc me that they ~x~cuted the same. • ~
~~IT`ESS my hand and official xa! in the County end State last aforesaid this day o( ~
December D. 19 ?7. ~
~Y
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~ lj6a~ ~
~ ' s `~~Q.b•-
s: - -
~ Notary Public :
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~ My Commission Expires: 3 a,l,(p, i
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,~a~~ ;
~ , , - > F LfD ~f10 RECUHuFr ~
f~. LUCIE COUNTr FLe r
~ ' ! . r~ F~Gf.n PO~TpAS F
~ ^ ; , . ; ~~K ;cu~r c~ j
*'f` ~
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_ ~ - ~ _ D~~ ~D 2 2~ PN'7~ :
~ Thir l~rslr~r~ijltnl•p~prl~l hy: MacMILLAN AND SHEAIt P. A. `
~ ,adrfrctt 1074 N E Comme rcial Street 388~09 ~
~ Jensen Beach, Florida 3345?
$y ; NEIL W. MacMILLAN S~r~oic~~ PAt~E